The Macroeconomic Underpinnings of Adjustment Lending

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· Policy, research, and external affairs working papers Book 511 · World Bank Publications
Ebook
41
Pages

About this ebook

Macroeconomic policy and sequencing issues increasingly have been addressed explicitly in the design of recent adjustment loans, but there still is scope for: (1) strengthening the analytical framework and macroeconomic policy conditionality in adjustment loans, and (2) greater realism about the time and external resources needed to achieve adjustment and growth objectives.
Macroeconomic policy and sequencing issues increasingly have been addressed explicitly in the design of recent adjustment loans, but there still is scope for: (1) strengthening the analytical framework and macroeconomic policy conditionality in adjustment loans, and (2) greater realism about the ...

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